A Financial adviser has warned of a future misselling scandal in the annuities sector.
Sales forces and tied advisers poured the vast bulk of their clients' money into the IMA Protected/Guaranteed sector in April, despite being largely ignored by IFAs who opted to diversify across asset classes.
Alexander Forbes International has sold its life and pension administration software arm, Chambers Townsend Consultancy, to its management in a bid to focus on core business activities.
AWD Chase de Vere has launched a bespoke advisory service for high net worth individuals.
The FSA has today launched its Moneymadeclear money guidance service for consumers in the North of England.
The RDR will only improve outcomes for wealthy customers who already use financial advice services, according to Aegon.
Half of Brits approaching retirement have no plans to seek advice on their annuity purchase, according to MetLife.
Email Mortgages has called for an end to the mortgage best buy tables that are currently published throughout the industry.
Corporate pension advice is too commission focused, which leads to poor retirement provision for employees and a bad deal for employers, according to Towry Law.
The FSA is not taking the issue of widening access to financial advice seriously enough, according to Aegon.